Hello,Traders! USD-CAD went up from the Local lows and will soon Hit a horizontal resistance Level of 1.3383 from Where I will be expecting A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity USDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hey Traders, in today’s trading session we are monitoring USDCAD for a selling opportunity around 1.38000 zone, USDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.38000 support and resistance area. Trade safe, Joe.
H4 - Bearish trend pattern. Lower lows. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
Possibilities of price reversal from resistance areas
H4 - Price has broken below a strong support zone. After the breakout this strong support zone is acting as a strong resistance zone for us. Lower lows. Until the strong resistance zone holds I expect the price to move lower further in the short term after pullbacks.
You can Sell USDCAD, Get More Ppofit. God Bless You all.
Price is on order block and touching the upper line of triangle and should fill the Gap
USDCAD we found Distribution Schematic # 1 + posible it may complete our Harmonice (Crab Pattern) like follow plz not financial advice
Hello,Traders! USD-CAD was trading in an uptrend For a long time and the pair was Clearly overbought so after the pair Established a triple-top pattern The price went down and broke The local key level signifying The beginning of the bearish correction Which I think will continue Sell! Like, comment and subscribe to boost your trading! See other ideas...
Hey everyone please let me know your thoughts in the comments.. I'm staying clear of USDCAD until be get a bit more direction so next week ill update if I'm looking at taking positions.
✅USD_CAD went up to retest a horizontal resistance Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
H4 - Price is bouncing lower from a key resistance zone. Bearish convergence. H1 - Bearish trend pattern. Until the key resistance zone holds I expect the price to move lower further in the short term after pullbacks.
Found a Tripe Top in the market on the 4 HR USDCAD with a sell entry to T/P of 9 pips and an S/L to entry of 32 Pips. For FMI (Forex Mastery Institute).
usdcad price reach at order block zone you can sell usdcad with proper money managment... this is not finicial advice.... profit or loss both are yours.. good luck
The trend is still down for this pair. M15 is OB and we are aiming for the bottom for the pattern.
USDCAD is currently at an overbought zone and I'm looking short with a good R;R